The FASB proposes alternative to the goodwill triggering event assessment in a proposed Accounting Standards Update (ASU). This proposed ASU intends to reduce the complexity…
The FASB proposes improvements in a proposed Accounting Standards Update (ASU) intended to address inconsistency and diversity in practice related to the accounting for revenue…
The IASB proposes amendments to IFRS 16 Leases by specifying how a company measures the lease liability in a sale and leaseback transaction. Sale and leaseback transactions…
The FASB issues an Accounting Standards Update (ASU) that delays and eases early adoption provisions for long-duration insurance guidance to help insurance companies adversely affected…
The FASB issues proposal clarifying the scope of reference rate reform guidance today. Stakeholders interested are to provide input on the proposed ASU by November…
The FASB proposes an Accounting Standards Update (ASU) intended to improve three areas of the leases standard. Stakeholders are encouraged to review and provide comments…
The FASB issues Accounting Standard Updated (ASU) No. 2020-08, Codification Improvements to Subtopic 310-20, Receivables—Nonrefundable Fees and Other Costs. This ASU clarifies that an entity…
The FASB approves updates to presentation and disclosures by Not-for-Profit entities by issuing Accounting Standards Update (ASU) No. 2020-07 Not-for-Profit Entities (Topic 958): Presentation and…
The FASB improves convertible instruments and contracts in an entity’s own equity. The FASB improves convertible instruments and contract in an entity’s own equity by…